Settings8H · net · $10k
Funding arb · Price arb /

PEPE

all PEPE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.063%
Price spread now: HTX against SoDEX−0.179%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.179% cheaper against SoDEX than usual: you would sell low and buy high, −$18 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX 1000PEPE-USD0.0000050160.0100pay 0.0013% / 1h56m 25s$2K$11K10x
ShortHTX PEPE-USDT0.0000050070.0100get 0.0100% / 8h6h 56m$585K$4.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against SoDEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.179% → 0.000%
−$17.94
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$37.94
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; HTX: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell HTX live order book, 2 min ago3.19 bp15.4 bp −$1532.3 bp −$323133.7 bp −$13.4Kdoesn't fit
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PEPE on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) PEPE/USDL +0.0005% / S −0.0005%1h0.000005002−0.277%$3K150xas long as short
Kraken Futures PF_PEPEUSD+0.0026%1h0.000005015−0.027%$4.6M$16.7M50xas long as short
Hyperliquid kPEPE+0.0100%1h0.000005008−0.159%$51.6M$161.9M10xas long as short
Pacifica kPEPE+0.0100%1h0.000005008−0.159%$58K$197K10xas long as short
Bybit 1000PEPEUSDT+0.0100%8h0.000005002−0.279%$96.3M$447.0M50xas long as short
Gate PEPE_USDT+0.0100%8h0.000005006−0.199%$160.1M$100.0M75xas long as short
Variational Omni 1000PEPE+0.0100%8h0.000004998−0.367%$653K$5.4Mas long as short
edgeX 1000PEPEUSDC+0.0100%4h0.000004997−0.371%$27K$570K20xas long as short
ApeX Omni 1000PEPEUSDT+0.0100%1h0.000005009−0.140%$146K$846K25xas long as short
SunX 1000PEPE-USDT+0.0100%8h0.000005006−0.203%$2K$2.6M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX 1000PEPE-USDlong+0.0100%1h0.000005016long leg$2K$11K10x
HTX PEPE-USDTshort+0.0100%8h0.000005007−0.179%$585K$4.2M75x
Bitget PEPEUSDT+0.0120%8h0.000005003−0.257%$44.6M$225.9M75xas long as short
KuCoin PEPEUSDTM+0.0123%8h0.000005008−0.165%$25.6M$75.9M75xas long as short
Lighter 1000PEPE+0.0128%1h0.000005007−0.179%$591K$9.0M10xas long as short
Phemex u1000PEPEUSDT+0.0129%8h0.000005013−0.060%$2.3M$8.0M50xas long as short
01 Exchange kPEPEUSD+0.0136%1h0.000005005−0.219%$604$2K10xas long as short
Deribit 1000PEPE_USDC-PERPETUAL+0.0149%1h0.000005012−0.080%$57K$139K25xas long as short
Nado kPEPE-PERP+0.0186%1h0.000005006−0.198%$152K$948K10xas long as short
Reya kPEPERUSDPERP+0.0189%1h0.000005003−0.267%$8K15xas long as short
OKX PEPE-USDT-SWAP+0.0268%8h0.000005003−0.259%$45.7M$742.4M50xas long as short
Paradex kPEPE-USD-PERP+0.0269%8h0.000005010−0.126%$6K20xas long as short
Injective PEPE/USDC PERP+0.0363%1h0.000005011−0.100%$6K$121K12xas long as short
BloFin PEPE-USDT+0.0393%8h0.000005018+0.040%$4.4M$30.2M75xas long as short
Orderly PERP_1000PEPE_USDC+0.0429%8h0.000005006−0.199%$32K$31K20xas long as short
Coinbase International 1000PEPE-PERP-INTX+0.0464%1h0.000005020+0.080%$667K$39.5M50xas long as short
Backpack kPEPE_USDC_PERP+0.0496%1h0.000005019+0.062%$66K$959K15xas long as short
Extended 1000PEPE-USD+0.0544%1h0.000005003−0.260%$525K$288K25xas long as short
MEXC PEPE_USDT+0.0546%8h0.000005003−0.251%$100.4M$303.2M300xas long as short
Binance 1000PEPEUSDT+0.0547%8h0.000005004−0.241%$131.7M$1.54B75xas long as short
Aevo 1000PEPE-PERP+0.0552%1h0.000005010−0.120%$142K3xas long as short
BingX 1000PEPE-USDC+0.0563%8h0.000005002−0.271%$2.3Mas long as short
Aster 1000PEPEUSDT+0.0567%8h0.000005005−0.223%$1.8M$12.3M50xas long as short
GMX PEPE/USD [ETH-USDC]L +0.0926% / S −0.1034%1h0.000005000−0.319%$50K100xas long as short
dYdX PEPE-USD+0.7787%1h0.000005005−0.219%$25K$12K10xas long as short